Common use of Forfeited Amounts Clause in Contracts

Forfeited Amounts. Any Additional Consideration that is not earned by the Sellers pursuant to this Section 2.5 will be cancelled and deemed forfeited and retained permanently by the Buyer.

Appears in 1 contract

Sources: Stock Purchase Agreement (Applied Micro Circuits Corp)

Forfeited Amounts. Any Additional Contingent Consideration that is not earned by the Sellers pursuant to this Section 2.5 1.3 will be cancelled and deemed forfeited and retained permanently by the Buyer.

Appears in 1 contract

Sources: Stock Purchase Agreement (St Jude Medical Inc)